Primary Residence

There are many affordable programs available for first-time buyers in Vermont. NEFCU will help ensure that you get the loan that’s right for you.

First Time Homebuyer

Programs

NEFCU’s SHARE Program: a 5/1 Adjustable Rate Mortgage priced below our fixed rate with flexible underwriting guidelines and reduced monthly mortgage insurance. Servicing of loan will stay with NEFCU after closing.

Vermont Housing Finance Agency (VHFA): a competitively priced fixed rate mortgage with reduced closing costs. Income and purchase price limits apply. Servicing of loan will be transferred to US Bank after closing.

Rural Development (RD): a type of mortgage insurance that allows homebuyers to finance 100% of the purchase price with no monthly mortgage insurance. Servicing of loan will stay with NEFCU unless combined with a VHFA loan in which servicing will be transferred to US Bank.

Contact us today. Your NEFCU loan officer will review the program choices and help you decide which loan is best for you.

All Mortgage Rates & Terms

Additional Resources



Institutional ID # 446767

Next Home

If you are looking to buy a bigger home for a growing family or its time to down size NEFCU can offer a variety of fixed and adjustable rate programs with terms from 10-30 years.  Minimum down payment 3-20%.

All Mortgage Rates & Terms



Institutional ID # 446767